Generally, when we have clients come in who are self-employed, we ask that they provide us with a profit and loss statement for their business. The bankruptcy court looks at the last six months before filing. I’ll generally ask clients just to put together a simple revenue versus expenses, profit and loss sheet, and that’s basically how we come up with the income
Navigating Divorce During Tax Season: Key Considerations for Florida Couples
Divorce is a challenging and emotional process, and when it coincides with tax season, the complexities can multiply. For Florida couples going through a divorce, understanding the tax implications is crucial to avoid costly mistakes and ensure financial stability...